Why choose LONG-TERM TRADING? - page 20.

tatum506

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Quote from: cryptoman1ac on May 08, 2018, 12:21:20 AM

Trading is indeed difficult to do.

Long term trading may take weeks, months or even a year or so. You may call it as "long-term holding" or simply "holding".

Long-term trading is good for those who:

want to invest
has a job that requires at least 8 hours a day
want to earn extra income
non professional traders or beginners

But of course you will have to consider these things before investing:

invest money that does not limit your ability to meet other financial needs
should be willing to lose some
higher investment, more risky and higher potential of loses and/or rewards

These are the benefits of long-term trading according Anne Chapman (2015):

You are not required to find new opportunities every time. Just hold on the coins you believe has a potential. Do not bother yourself with other cryptocurrency focus on your work and family.
You have more time to plan and study the charts for analysis of trend
You only need to employ simple techniques.

   First, identify major areas of support/resistance (does a trend have room to develop?

   Second, look for chart/candlestick patterns (do they reinforce a trend continuation?)

   Finally, look for a logical and high probability point of entry and manage the trade

You will experience less stress since you do not have to monitor the charts, price, trend etc. every time.
You only have to work less. Check your coin in a month or weekly basis, etc

Thank you.

A more detailed explanation can be read here at: http://thedynamictrader.com/advantages-of-long-term-trading/[/list]

I do not think long-term investment in bitcoin is the smart choice at this point, you can see that bitcoin prices in the past few days are showing signs of a slight recovery, but I think it's just a recovery. In short term, bitcoin prices will likely continue to fall sharply in the coming days. The market is in a downtrend stage so hold brings very high risk.

kolbalish

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Long term means a huge time during a certain period.By the way,long term investment means that investment where it take more time to be profitable.Sometime it takes a year or more.By the way,that investment period will assure your profit in a certain period.So,if you want to choose this,that will definitely good for you and I think this is the best choice for now.By doing this,there has a less risk of market condition.I think that those are the benefits of long term trading.

berfanaf

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Quote from: margaret22 on July 02, 2018, 02:59:47 AM

Every people is different in the risk tolarance, and in the personal interest level of crypto as well. For those, who are a worried type, and have only a little interest in crypto technology, and development, long-term is the way.

Allow me to reassure you about the current market where your benefit is to buy more Bitcoins which will be in your benefit to get large quantity coins on the using less amount. Since the Bitcoin is known for long term and is best for it to get huge profit at this end, all we need at this stage is to buy coins for this long term Bitcoin trading which will give you returns according to your quantity of coins.

Charloz24

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I'm also prefer to hold interesting tokens. Because it's nice way to get good profit in future, if project get development

bitcoinking11

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Well, long-term trading is definitely for beginner and non-professional traders and it is also relatively safe, so those people who don't want to take risk can go for long-term trading. As far as experienced traders are concerned they can trade any time.

Sarobeat

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Long-term trading simply looks safer and does not affect the nerves of a person as much as constantly monitoring crypto currency charts.) This option is great for those who do not connect all their activities with crypto currency (do not set an alarm that works when the schedule exceeds a certain limit, / 7, does not want to go constantly with a smartphone). A good option is to get a large one-time income per month. Roll Eyes

ncn1992vn

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Because I believe in technology Bitcoin and don't have much spare time
After a long time the market will be expanded, the more value it has and the bitcoin can be increased

keanne_isaac

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I choose long term because I don't have enough time to do short trade or day trading since this day trade needs a lot of time to monitor market condition and trend unlike long term hold you don't need to monitor daily just bought and leave it there even with out checkinf every week.

Gheka

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Quote from: bitcoin31 on July 08, 2018, 06:47:53 AM

Longterm holding trading is good because you can gain more profit after few years. Holding coins is longtime holding and you need to have a lot of patience because you experienced sometimes dumping price but don't worry it will recover for sure if it's potential coin.

That era has changed, holding for a long time is no longer an effective choice because crypto is showing an unstable trend, it is no longer increasing, it is tending to go against the previous years, many people are similar to you, choose to hold and now, they are probably very surprised then panic when they see what's left in their account, that is a very low amount when compared to the original amount. So, I have reason to believe that we should not continue with this strategy, we need to change, buy low and sell high as soon as possible, eliminate persistence with long-term trading

shashikamal

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For some one who is skilled & experienced in trading can gain some profit in in short term. But my suggestion is long term trading for new comers who expect to enter in to trading. What is the importance of long term trading? Even the price crashes it doesn't matter for long term as you can sell at higher value. It will be profitable always. If experienced, can go for short term.

If someone has bags of good ALTS mostly can expect good profit for long term holders. Specially in bull market 10X-20X return is easy. But one more important fact that should not be forgotten is the buying point. If you buy correctly in the bottom long trades are worthy. Indeed market is down now but expected to be fallen again. Mostly that will be the buying point in this year.

automaticmoney

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Long-term trading is for handsome profits we can expect more than 5 times profit in bull run if we can hold more than 10 coins for 5 times long-term holding is better

bitcoin31

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Longterm holding trading is good because you can gain more profit after few years. Holding coins is longtime holding and you need to have a lot of patience because you experienced sometimes dumping price but don't worry it will recover for sure if it's potential coin.

AleSergio

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Quote from: zinkla on July 06, 2018, 10:53:50 PM

People that prefer to hold clearly do not understand that trading is sometimes much more better and profitable, well, it all depends a lot but i prefer to trade on a short term basis

Sometimes you need to know when to sell and when to buy, ofcourse short term trading can you give you more profit, but it is also much more risky than long-term.
It is difficult sometimes to predict how the price will go.

raghovsing34

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Long term trading always good and profitable and there have very less chance to lose money and short term trading always risky.There have lot of chance to lose money.

Chooroz

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Quote from: NorihiroName on July 05, 2018, 05:42:51 PM

Actually many follow that strategy because it seems to be safe and it's pretty easy as well, you have to do literally nothing.

I choose long term trading because i am earning more income with long term trading and i totally agree that long term trading is less stress because we will just wait for the perpect time until the value of the coins we are holding will rise on the market.

monster2

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Long term trading can be a great deal because it's the way you hold your bitcoins for a long time. As long as you can buy a cheap price for sure it will sell you it dearly when you hold a bitcoin.

kakonhat

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Crypto in my Blood

I will prefer to day trading, weekly trading only for Forex, Commodities and so but I don't prefer for Crypto. Cryto market is extra volatile so it high risk for day trading. Yes, It may be not bad for whom who has high-quality trading experience. Although the post person already said some benefits for long trading. So, I think I don't need to write so.

rose9696

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Long-term trading is one of the most effective investment strategies when the market goes down dramatically. We can buy at the bottom to wait for the market to go up and sell them. But this strategy is not always good because we need to know when the market is bottoming out. It is the hardest part to make a good long-term trading strategy.

envy1997

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Long-term trading isn't taking much time like short-term trading or day-trading because you need to update news and change your strategy like daily or weekly.
that's why there is so many people choosing long-term trading instead of short ones.

BlueStackz

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Quote from: baricuri on July 02, 2018, 06:20:21 AM

Because long-term trading will give you higher returns in the short run, the price of coins will tend to rise over time, so the longer you hold the longer the option to sell at a better price. .

Almost all traders are doing with Bitcoin and Ethereum for huge profit which is only possible here as we know that besides these two coins there are no such coins which have higher prices.

Trading with these coins is called long term trading because these coins produce huge profit after long time or mainly within a year. People who were the part of it are now millionaires and billionaires so it will take time but we can get for what we desire.

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